KUALA LUMPUR: Sentral Real Estate Investment Trust (Sentral REIT
) achieved a realised net and distributable income of RM84.49mil for the financial year ended Dec 31, 2021, an increase of 4.4% from RM80.95mil in 2020.
For the fourth quarter ended Dec 31, 2021, Sentral REIT reported a realised net income of RM19.03mil, which was 7.6% lower than the RM20.61mil recorded in the previous corresponding period.
Sentral REIT said the higher realised net income for 2021 was mainly attributable to lower finance cost and administrative expenses incurred and a gain on divestment of the company’s Quill Building 5.
“Correspondingly, realised earnings per unit and distributable income per unit of 7.88 sen for 2021 was achieved,” it said in a statement yesterday.
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